Why Capitalism Is Bad

The main reason why capitalism is bad is because it contributes to wealth inequality. Plain and simple. When you have a system that allows for people to get really, really, really rich off of the backs of others, there’s just not much else that can go wrong. With this system comes greed, environmental disasters, and everything else we’re still dealing with today.

Because greed manifests itself as a need for power and control over other people’s lives – especially when those people don’t have any power to fight back – it’s important to realize how capitalism can lead to abuse and exploitation of workers in underdeveloped parts of the world such as China or India where minimum wages are low and there are no labor protections like those found in America or Western Europe. We need new systems that don’t rely on oppression because they’re built around profit motives instead; these would help ensure everyone gets their fair share while keeping companies accountable for how they treat their employees so that we don’t create more problems down the road!

In pure capitalism, the rich get richer and the poor get poorer.

The capitalist system is based on the idea that you can make money by making more money. It’s an inherently unfair system because it allows rich people to exploit poor people, which they do constantly, mostly through paying them less than they should be paid and not giving them benefits like health insurance or decent working conditions. Because of this system, the rich get richer while the poor get poorer and more miserable.

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The poor are often exploited by their bosses—and sometimes even by the government—to work long hours for low pay with no benefits or job security (like weekends!). This makes them so desperate that many of them turn to crime just to survive: drug dealing, prostitution… even murder! As long as capitalism continues we will see more jobs like these being created because there are always people willing to work for less than minimum wage if that’s all there is available at any given moment in time.”

Capitalism still exists within socialist systems.

One of the biggest misconceptions about socialism is that it’s a system where the government owns all companies. That’s not true. In fact, some of the most successful socialist countries have private companies and make use of capitalism to get things done.

  • Sweden is one of those countries—it has one of the highest standards of living in Europe and an extremely high quality of life for its citizens.
  • Norway has similar success stories to boast about as well: It’s consistently ranked as one of the happiest places on earth, despite being surrounded by natural resources that are worth trillions of dollars if you simply dug them up and sold them off.

This inequality also leads to a very small number of people controlling the world’s wealth.

According to the IMF, the world’s richest 1% owns 50% of the world’s wealth. This inequality also leads to a very small number of people controlling the world’s wealth.

The rich are getting richer and the poor are getting poorer. This inequality is caused by capitalism because in capitalism, money makes more money for those who already have it and less for those who don’t have much or any at all.

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People are only worth what they produce in capitalism.

It’s easy to see why capitalism has such a bad reputation in our society. For one thing, it tends to be associated with the exploitation of people and animals. In a capitalist system, you’re only worth what you produce (usually measured by how much money you make). This is not necessarily a good way to value people; it’s certainly not a good way to value the environment; and it’s even less appropriate for valuing the planet or future generations!

This greed factor leads to environmental problems as well.

  • Companies pollute the environment to save money.
  • Companies are not held accountable for the damage they do to the environment.
  • The company does not care about its workers or customers, who also suffer from their greed.

Companies are only in it for themselves – they don’t care about you or your communities or your schools.

Some may argue that capitalism is a system of fair exchange. They may say that the only difference between companies and individuals is scale. But this argument is wrong, and it ignores the fact that corporations are legal entities which have been given a limited liability status, meaning they can’t be held accountable for their actions in the same way as an individual person can be.

Because of this, companies see themselves as being above all else: your communities or schools mean nothing to them compared to making profits for shareholders. They don’t care about your environment or health; they’re just interested in making money off of you as quickly as possible so they can move on to another product/service/marketing scheme which will make them more money than their previous one did (or cost less). And if something goes wrong along the way? Well…it’s not like they’ll go bankrupt because of it! After all: It’s not my fault someone got sick eating our food—it was THEIR fault for eating too much!

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The goal isn’t to make capitalism better, it’s to abolish it altogether

The goal isn’t to make capitalism better. It’s not even to get rid of capitalism and replace it with something else, like socialism or communism. The goal is to abolish it altogether.

The world would be a better place without capitalism because we’d no longer have to worry about exploiting people and the environment in order to make a profit, which is what capitalism requires you to do. Capitalism also makes us selfish, greedy and short-sighted; it encourages us not only to think about ourselves first but also encourages us to destroy things that we don’t care about (like the environment) because they’re not profitable enough for our companies’ bottom lines.

Conclusion

It is my hope that with this article you can see the faults in capitalism and why it is such a bad system. It does not work for everyone, only those at the top.

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